A(n) ________ Is a Collection of Related Information That Displays

question 22

Multiple Choice

A(n) ________ is a collection of related information that displays in a single row of a database table.

• A) field
• B) record
• C) table
• D) object

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Definitions:

Compounding Interval

The frequency with which interest is added to the principal balance of an investment.

Monthly Compounded

Monthly compounded refers to the process of calculating interest on a principal amount where the interest is added to the principal at the end of each month, thereby earning interest on interest in subsequent months.

Effective Rate

The interest rate on a loan or investment, adjusted for the effect of compounding.

Interest Rate

The rate at which a borrower is charged interest for the money borrowed from a lender.